Plus500 Review

General Information

Plus500 is headquartered in Israel with subsidiaries in the United Kingdom, Cyprus and Australia. Plus500 Ltd is listed on the Main Market of the London Stock Exchange.

Plus500

Platform

Plus500’s uses a WebTrader platform as well as the Plus500 proprietary CFD trading platform which provides all necessary information on one screen so that there is no need to scroll to find necessary information. Four clearly-labeled top tabs make it possible to receive details about past trades and current positions without having to search for it.

Plus500’s excellent trading platform is available in two versions – a web-based platform and a mobile trading interface. What makes this platform unique is that unlike those offered by most other brokers, Plus500’s platform remains constant in all versions, which makes it possible to switch seamlessly between the platforms without having to regroup.  Likewise, though most brokers offer out-of-the-box platform solutions that are limited in many ways, we’re always happy to see brokers build their own trading platforms to provide specific (and oftentimes upgraded) services to their traders.

Traders using Plus500 CFD trading platforms have access to a variety of trading features such as advanced technical analysis tools, guaranteed stop loss and more.

Plus500’s trading platform is totally reliable and boasts an impressive execution rate which is reassuring to all traders. It offers competitive spreads, no trading commissions and a leverage of up to 1:30.  Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Trading CFDs may not be suitable for you. Please ensure you fully understand the risks involved. Please consider the company’s Risk Disclosure Statement and User Agreement before using the services.

Opening An Account

Features

Plus500 offers a powerful CFD trading platform that adheres to the highest standards and allows thousands of traders to trade CFDs on over 2,000 instruments including 59 Forex pairs and ETFs, Shares, Commodities and Indices across more than 20 markets worldwide. A minimum deposit of £100 is required to open an account.

Unlike many brokers, Plus500 does not have a sales team, meaning there is no pressure selling. If you want to trade, you need only complete the application process, deposit funds, and away you go.

Additional Offerings

Plus500 was one of the first brokers to offer trading on bitcoins. The bitcoin is treated the same as the other Plus500 CFDs and can be traded in the Plus500 demo account.

The Plus500 website can be viewed in 32 different languages and visitors may be automatically redirected to the site in the language they come from even if they'd been previously browsing the web in another language and can then navigate back to another language if desired.  This language switch is designed to make traders feel comfortable wherever they are.

Plus500 runs a free demo, which is unlimited in time and can allow traders to practise for as long as they need to. While an unlimited free demo is not entirely uncommon, it’s always welcome and appreciated.

Deposits/Withdrawals

Deposits and withdrawals can be made via credit cards, bank transfers, Paypal and Skrill. A minimum deposit of £100 is required to open an account.

Plus500

Customer Service

Plus500 offers customer service 24/7 via email or online chat.

Conclusion

The Plus500 website has a user-friendly website and a user-centric approach which makes a pleasant trading experience for experienced traders. With nearly 10 years’ experience, they have a proven track record, and with no sales team, there's no pressure.

  • Plus500UK Ltd authorised & regulated by the FCA (#509909)
  • Plus500CY Ltd authorized & regulated by CySEC (#250/14)
  • Plus500SG Pte Ltd, licensed by the MAS (#CMS100648-1) and IE Singapore (#PLUS/CBL/2018)
  • Plus500AU Pty Ltd (ACN 153301681), licensed by:ASIC in Australia, AFSL #417727, FMA in New Zealand, FSP #486026; Authorised Financial Services Provider in South Africa, FSP #47546. You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.
  • Plus500SEY Ltd authorized & regulated by the Seychelles Financial Services Authority (#SD039).

76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Visit Plus500Visit Plus500

Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Before deciding to trade in financial instruments you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Best10Stockbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Best10Stockbrokers and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Best10Stockbrokers and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Best10Stockbrokers may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.